Quantbot Technologies LP Sells 120,738 Shares of Vornado Realty Trust (NYSE:VNO)

Quantbot Technologies LP lessened its position in Vornado Realty Trust (NYSE:VNO - Free Report) by 92.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,520 shares of the real estate investment trust's stock after selling 120,738 shares during the period. Quantbot Technologies LP's holdings in Vornado Realty Trust were worth $400,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in shares of Vornado Realty Trust in the fourth quarter valued at about $4,015,000. JPMorgan Chase & Co. lifted its holdings in shares of Vornado Realty Trust by 232.8% during the third quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust's stock worth $139,045,000 after buying an additional 2,468,652 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Vornado Realty Trust by 428.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust's stock valued at $111,146,000 after purchasing an additional 2,286,997 shares during the period. UMB Bank n.a. grew its position in Vornado Realty Trust by 53.2% during the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock worth $32,000 after buying an additional 268 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Vornado Realty Trust during the 4th quarter worth $235,000. 90.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VNO has been the subject of a number of research analyst reports. Morgan Stanley boosted their price target on Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, March 14th. Mizuho raised Vornado Realty Trust from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Compass Point upped their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. StockNews.com upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group increased their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $38.55.

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Vornado Realty Trust Stock Up 0.7 %

VNO stock traded up $0.24 during trading on Tuesday, reaching $37.23. The stock had a trading volume of 457,771 shares, compared to its average volume of 1,685,790. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The company's 50 day moving average is $40.21 and its two-hundred day moving average is $41.08. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $7.11 billion, a price-to-earnings ratio of 930.35, a P/E/G ratio of 9.69 and a beta of 1.60.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. Equities research analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current year.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a fully - integrated equity real estate investment trust.